VP Bank share

An investment in VP Bank is an attractive and secure investment. Our Standard & Poor’s rating of A/stable/A–1 (as at 17 May 2018, confirmed 9 August 2018) is testimony to that.

The A registered shares of VP Bank AG are listed on Switzerland's stock market, the SIX Swiss Exchange, and can be freely traded. The stock is included in the SPI, SPI Extra, SPI ex SLI and Swiss All Share Index on the SIX Swiss Exchange. The B registered shares of VP Bank AG are not listed but are spread among the population of Lichtenstein. Both share categories confer the membership rights stipulated in the Liechtenstein Code of Personal and Company Law (CPCL) and in the Articles of Association.

At the general meeting of shareholders of VP Bank each A registered share (nominal value: CHF 10) and each B registered share (nominal value: CHF 1) confer one vote, regardless of nominal value.For many years VP Bank has operated a well-balanced dividend policy with regular distributions in order to remain attractive to investors over the longer term: as a guideline range, between 40% and 60% of Group profits is paid out to the shareholders.

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Kursentwicklung

Key share data

Semester summary of key financial ratios

31.12.2016

30.06.2017

31.12.2017

30.06.2018

31.12.2018

Group net income per A registered share in CHF

9.61

5.22

10.89

4.82

9.04

Shareholder's equity per A registered share in CHF

157.14

156.78

165.33

157.70

164.80

Trading price per A registered share in CHF

108.00

118.70

133.00

188.80

141.40

Trading price per B registered share in CHF

10.80

11.90

13.30

18.90

14.20

Market capitalisation in CHF million

714

785

880

1,249

936

Price-earnings ratio per A registered share in CHF

11.24

11.37

12.21

19.60

15.64

Price-earnings ratio per B registered share in CHF

11.24

11.40

12.21

19.63

15.71

Dividend per A registered share in CHF

4.50

n.a

5.50

n.a.

5.50

Dividend per B registered share in CHF

0.45

n.a

0.55

n.a.

0.55

Payout ratio (as a percentage of consolidated earnings)

46.80%

n.a

50.5%

n.a.

60.8%

Net dividend yield

4.20%

n.a

4.10%

n.a.

3.90%

Free float

44.42%

46.31%

49.37%

52.41%

50.62%

Five-year summary of key financial ratios

2014

2015

2016

2017

2018

Group net income per A registered share in CHF

3.45

10.17

9.61

10.89

9.04

Shareholder's equity per A registered share in CHF

149.98

154.01

157.14

165.33

164.80

Trading price per A registered share in CHF

85.00

82.00

108.00

133.00

141.40

Trading price per B registered share in CHF

8.50

8.20

10.80

13.30

14.20

Market capitalisation in CHF million

503

542

714

880

936

Price-earnings ratio per A registered share in CHF

24.65

8.06

11.24

12.21

15.64

Price-earnings ratio per B registered share in CHF

24.65

8.06

11.24

12.21

15.71

Dividend per A registered share in CHF

3.00

4.00

4.50

5.50

5.50

Dividend per B registered share in CHF

0.30

4.00

0.45

0.55

0.55

Payout ratio (as a percentage of consolidated earnings)

87.00%

39.30%

46.80%

50.5 %

60.8%

Net dividend yield

3.50%

4.90%

4.20%

4.10 %

3.90%

Free float

53.12%

40.02%

44.42%

49.37 %

50.62%

Capital structure

VP Bank's share capital amounts to CHF 66,154,167. It is divided into 6,015,000 listed A registered shares each with a nominal value of CHF 10.00 and 6,004,167 unlisted B registered shares each with a nominal value of CHF 1.00.

31.12.2017
No. of shares

31.12.2017
Capital (CHF)

31.12.2018
No. of shares

31.12.2018
Capital (CHF)

A registered shares, nom. CHF 10

6,015,000

60,150,000

6,015,000

60,150,000

B registered shares, nom. CHF 1

6,004,167

6,004,167

6,004,167

6,004,167

Total share capital

12,019,167

66,154,167

12,019,167

66,154,167

VP Bank does not have any authorised or conditional capital.

Prominent shareholders (anchor shareholders)

As at 31 December 2018 the following shareholders declared that they held more than 10% of the share capital of VP Bank and/or exercised more than 5% of the associated voting rights:

Contact us

Do you have questions regarding our investor relations? If so you can contact us easily by telephone, e-mail or contact form.
Your contact person is Cécile Bachmann, Head of Group Communications & Marketing.

It is within the discretion of VP Bank whether and in what manner it will answer an enquiry or not, especially when such is not within the scope of the business or when the respective country is not one of the markets in which VP Bank operates.